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SCHEDULES

SCHEDULE 6U.K. Threshold Conditions

Modifications etc. (not altering text)

Part IU.K. Part IV Permission

Location of officesU.K.

2(1)If the person concerned is a body corporate constituted under the law of any part of the United Kingdom—

(a)its head office, and

(b)if it has a registered office, that office,

must be in the United Kingdom.

(2)If the person concerned has its head office in the United Kingdom but is not a body corporate, it must carry on business in the United Kingdom.

Valid from 19/01/2003

Appointment of claims representativesU.K.

[F1[F12A(1)If it appears to the Authority that—

(a)the regulated activity that the person concerned is carrying on, or is seeking to carry on, is the effecting or carrying out of contracts of insurance, and

(b)contracts of insurance against damage arising out of or in connection with the use of motor vehicles on land (other than carrier’s liability) are being, or will be, effected or carried out by the person concerned,

that person must have a claims representative in each EEA State other than the United Kingdom.

(2)For the purposes of sub-paragraph (1)(b), contracts of reinsurance are to be disregarded.

(3)A claims representative is a person with responsibility for handling and settling claims arising from accidents of the kind mentioned in Article 1(2) of the fourth motor insurance directive.

(4)In this paragraph “fourth motor insurance directive” means Directive 2000/26/EC of the European Parliament and of the Council of 16th May 2000 on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles and amending Council Directives 73/239/EEC and 88/357/EEC.]]